Weekly Outlook: Feb 19 - Feb 23

Europe: Germany’s producer price index for January is to be published at 07:00 GMT, followed by ZEW current conditions and economic sentiment for February at 10:00 GMT. UK inflation report hearings are up at 10:00 GMT, while CBI industrial trends orders will be out at 11:00 GMT.

Wednesday

China: Holiday - Lunar New Year

Europe: Germany’s manufacturing and services PMIs for February will be out at 08:30 GMT. Same reports are due for the Eurozone at 09:00 GMT. In the United Kingdom, labor data will be in focus at 09:30 GMT, including average earnings and the claimant count change for January, as well as the unemployment rate for December.

United States: manufacturing and services activity indexes by Markit Economics for February will become available as of 14:45 GMT. Existing home sales for January are up at 15:00 GMT. The Federal Reserve will also be releasing minutes of its latest monetary encounter at 19:00 GMT. The American Petroleum Institute unveils its crude supplies estimates as of 21:30 GMT.

Thursday

Europe: Germany’s business expectations, current assessment and lfo business climate index are all due for release at 09:00 GMT. Those reports will be followed by UK business investment measure for the fourth-quarter 2017 and a revision on the GDP half an hour later.

United States: initial jobless claims are set for publishing at 13:30 GMT. FOMC members Dudley and Bostic will offer speeches at 15:00 GMT and 17:10 GMT respectively. The Energy Information Administration will release crude and refined products stockpiles at 16:00 GMT.

Asia: Japan’s core CPI for January will be released as of 23:30 GMT.

Friday

Europe: Germany will present a revision on its fourth-quarter GDP at 07:00 GMT. Later on, the Eurozone will release its consumer price index (CPI) for January at 10:00 GMT.

United States: FOMC members Dudley and Mester are due to speak at 15:15 GMT and 18:30 GMT respectively. Baker Hughes’ weekly oil rig count will be out at 18:00 GMT.